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Topic: [UNOFFICIAL] [VNL] Vanillacoin 0.4.1 | Instant ▱ Incentivized ▱ Innovative - page 96. (Read 433405 times)

newbie
Activity: 48
Merit: 0
order books looking slightly sad Sad hope its not dump on the news.

Someone just dumped 11.72 (BTC)  in the past 30 minutes  Roll Eyes
sr. member
Activity: 826
Merit: 263
order books looking slightly sad Sad hope its not dump on the news.
Lol, you're funny dude  Grin
sr. member
Activity: 416
Merit: 250
PSA on the Node Incentives [FAQ]

Whate is the Node Incentives system?

The node incentive system has been introduced with the recent updates. Super Peers will get honored with a % of PoW in exchange for their honest work on the network

Paper: https://github.com/john-connor/papers/blob/master/incentive.pdf

Basic information (Wiki): http://vanillacoin.net/wiki/Technologies/Node%20Incentives.md

Progress thread: https://talk.vanillacoin.net/topic/207/incentive-system

Collateral algorithm: https://gist.github.com/john-connor/b6799efff326ff77d418

Reward algorithm: https://gist.github.com/john-connor/967ba7f7e9dd0ec1f7a9


When will the Node Incentives go live?

Node Incentives will go live with 1% of PoW reward with block 210,000. Estimated time: 09/19/2015 11:03:22 - 21h 12m 1s


What do I need to be able to get rewards?

- You will need a wallet with 9999 Vanillacoins when block height will be > 220,000

- Your router needs to have the port open that you have in your config.dat file (Windows: Local Disk (C:) > Users > Your User > AppData > Roaming > Vanillacoin)

- Your wallet needs to have a 15 min uptime currently (should be increased later)


What are the rewards?

The exact reward structure can be found in the links above, but the range is 1-40% of the PoW rewards


Do I need to unlock the wallet?

Unlock once after you sent the Vanillacoins needed, but you can relock it after


Any info about the Node Incentive via the wallet?

Type in console: getincentiveinfo


How much will system resources play a part in the incentive?

More bandwidth usage to spread the blockchain, & more daemon call (to send the blocks on the network)


What is the limitation for the Super Peers?

Only 1 Super Peer / IP adress is allowed





thanks
hero member
Activity: 744
Merit: 500
order books looking slightly sad Sad hope its not dump on the news.

Dump on news? hahahaha If you want to follow that logic you have to dump all your coins, because with Vanilla there are news almost every week. Dev is working hard and pushing code every day.

and every day we have dumps

You should hurry up then and sell your coins...

He must be a bagholder of VNL and he will only sell if VNL price will significantly rise.
legendary
Activity: 2184
Merit: 1028
#mitandopelomundo
I just hope that this vanilla coin isn't just a prototype that when completed will be abandoned for the launch of real currency with a good brand name.
From what I understand the choice of its name is because vanilla is used in prototypes.

No, Vanilla is not used in prototypes.  Read this again https://en.wikipedia.org/wiki/Vanilla_software

"For Unix-based kernels, a "vanilla kernel" refers to a kernel that has been unmodified by any third-party source. For instance, the vanilla Linux kernel is often given a Linux distribution–specific "flavour" by being heavily modified.[7][8]

In PC games, the term "vanilla" is often used to describe the original version of a game, which has not been modified with third-party addons, developer updates, downloadable content (DLC) or patches. It can also refer to the original game engine when source ports or expansion packs are available. For example, World of Warcraft could refer to either the original game or one of the expansion packs, so users may refer to the original as "vanilla" to distinguish it from the subsequent versions."

thanks
legendary
Activity: 896
Merit: 1000
I just hope that this vanilla coin isn't just a prototype that when completed will be abandoned for the launch of real currency with a good brand name.
From what I understand the choice of its name is because vanilla is used in prototypes.

No, Vanilla is not used in prototypes.  Read this again https://en.wikipedia.org/wiki/Vanilla_software

"For Unix-based kernels, a "vanilla kernel" refers to a kernel that has been unmodified by any third-party source. For instance, the vanilla Linux kernel is often given a Linux distribution–specific "flavour" by being heavily modified.[7][8]

In PC games, the term "vanilla" is often used to describe the original version of a game, which has not been modified with third-party addons, developer updates, downloadable content (DLC) or patches. It can also refer to the original game engine when source ports or expansion packs are available. For example, World of Warcraft could refer to either the original game or one of the expansion packs, so users may refer to the original as "vanilla" to distinguish it from the subsequent versions."
legendary
Activity: 2184
Merit: 1028
#mitandopelomundo
I just hope that this vanilla coin isn't just a prototype that when completed will be abandoned for the launch of real currency with a good brand name.
From what I understand the choice of its name is because vanilla is used in prototypes.
legendary
Activity: 1354
Merit: 1000
legendary
Activity: 1193
Merit: 1000
Peaky Blinder
order books looking slightly sad Sad hope its not dump on the news.

Dump on news? hahahaha If you want to follow that logic you have to dump all your coins, because with Vanilla there are news almost every week. Dev is working hard and pushing code every day.

and every day we have dumps

You should hurry up then and sell your coins...

I didnt say I want to sell my coins, I just said that every day we have releases and dumps

But obviously it's not correlated. Those dumps didn't happen because dev releases new code every day... So if you want to follow this logic you should dump now because there will be a lot of new releases in the future. If you are not going to dump, it means you know it's bullshit.
Stop looking for conspiracy theories. Supply is still pretty high and its very profitable to mine, some people need fiat money so they sell too. But it will change very quickly, because of the incentive rewards.

I wouldn't say it's profitable to mine, unless you have very cheap electricity
legendary
Activity: 1894
Merit: 1001

 w00t    Cool

                 
hero member
Activity: 613
Merit: 501
order books looking slightly sad Sad hope its not dump on the news.

Dump on news? hahahaha If you want to follow that logic you have to dump all your coins, because with Vanilla there are news almost every week. Dev is working hard and pushing code every day.

and every day we have dumps

You should hurry up then and sell your coins...

I didnt say I want to sell my coins, I just said that every day we have releases and dumps

But obviously it's not correlated. Those dumps didn't happen because dev releases new code every day... So if you want to follow this logic you should dump now because there will be a lot of new releases in the future. If you are not going to dump, it means you know it's bullshit.
Stop looking for conspiracy theories. Supply is still pretty high and its very profitable to mine, some people need fiat money so they sell too. But it will change very quickly, because of the incentive rewards.
legendary
Activity: 2184
Merit: 1028
#mitandopelomundo
order books looking slightly sad Sad hope its not dump on the news.

Dump on news? hahahaha If you want to follow that logic you have to dump all your coins, because with Vanilla there are news almost every week. Dev is working hard and pushing code every day.

and every day we have dumps

You should hurry up then and sell your coins...

I didnt say I want to sell my coins, I just said that every day we have releases and dumps
legendary
Activity: 1582
Merit: 1001
Seems like on weekends there are dumps while buy volume is low...

Someone is keeping this market grounded for now..

Next week collateral will be required, get ready to have the momentum swing
hero member
Activity: 613
Merit: 501
order books looking slightly sad Sad hope its not dump on the news.

Dump on news? hahahaha If you want to follow that logic you have to dump all your coins, because with Vanilla there are news almost every week. Dev is working hard and pushing code every day.

and every day we have dumps

You should hurry up then and sell your coins...
legendary
Activity: 2184
Merit: 1028
#mitandopelomundo
order books looking slightly sad Sad hope its not dump on the news.

Dump on news? hahahaha If you want to follow that logic you have to dump all your coins, because with Vanilla there are news almost every week. Dev is working hard and pushing code every day.

and every day we have dumps
hero member
Activity: 613
Merit: 501
order books looking slightly sad Sad hope its not dump on the news.

Dump on news? hahahaha If you want to follow that logic you have to dump all your coins, because with Vanilla there are news almost every week. Dev is working hard and pushing code every day.
member
Activity: 84
Merit: 10
order books looking slightly sad Sad hope its not dump on the news.
sr. member
Activity: 416
Merit: 250
member
Activity: 71
Merit: 10
Waiting for 210K,wait Node incentives!
 
full member
Activity: 147
Merit: 100
yeah i've received my first incentive transaction.
just need to wait for reward increase.


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